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LTM has issued an offer to acquire Randstad’s Technology and Consulting Services business in Europe and Australia to scale domain-driven solutions and AI services

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LTM and Randstad announced that LTM has issued an offer to acquire Randstad’s Technology and Consulting Services business in France, Germany, Belgium, Luxembourg and Australia, representing USD 500+ million (€469M) in annual revenue, to scale domain-driven solutions and AI services in the region.

The proposed acquisition would expand LTM’s presence in key markets, primarily across Aerospace & Defence, Automotive, Utilities and BFS. It would enable local domain expertise and complementary regional capabilities in domain-driven digital engineering, cybersecurity and IoT, supported by onshore and nearshore delivery through centers in Romania and Portugal.

This would create a more diversified portfolio for LTM – expanding its scale in Europe and Australia, enhancing its position in regulated and high-growth verticals through marquee customer relationships.

The deal would augment LTM’s global AI-centric capabilities with local domain and near-shore expertise crucial for delivering digital and AI transformation for customers in a sovereign-compliant and scalable model. It...

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